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Data / Federal rules / 2026-02537

Division of Longshore and Harbor Workers' Compensation Guidance for Insurance Carrier Security Deposit Requirements

The Workers' Compensation Programs Office published this proposed rule in the Federal Register on February 9, 2026.

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What the agency says

The Office of Workers' Compensation Program is issuing this guidance to clarify the securitization requirements for insurance carriers authorized under the Longshore and Harbor Workers' Compensation Act (LHWCA) and its extensions. This guidance establishes a rubric which allows OWCP to adjust the insurance carriers' obligations based on their fiscal stability and performance within the Longshore industry and serves to establish a clear and standardized process for determining the amount of collateral an authorized insurance carrier must deposit to cover its potential liabilities. This clarification benefits insurance carriers by providing predictability which aids in capital planning and avoids arbitrary or unexpected security adjustments. This also helps to standardize compliance across the industry and ensures authorized carriers secure their critical obligations. This sub-regulatory guidance does not supersede existing regulations and is intended to provide insurance carriers (carriers) with clarification on the posting of security deposits to collateralize liabilities.

Key facts

Document number
2026-02537
Type
Proposed rule
Action
Notification of guidance
Agency
Labor Department; Workers' Compensation Programs Office
Published
February 9, 2026
Dates
February 9, 2026.
Code of Federal Regulations
20 CFR 703
Pages
4

The document on federalregister.gov PDF

Other documents from the Workers' Compensation Programs Office

Everything from the Workers' Compensation Programs Office · Published in February 2026

Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.